Payroll taxes have hit around 160 million American workers, and thinned their paychecks. The payroll tax increase will affect taxpayers’ spending. The immediate result of fewer earnings is less spending, but the effects of increased payroll taxes might also mean less money in retirement funds, and savings accounts, which affects investments.The average taxpayer could see…
Continue reading →The tax filing season has arrived and taxpayers are busy calculating their taxes and refund, and preparing their tax returns. Since U.S. tax laws are complex, most taxpayers hire tax preparers to file their taxes, but there are taxpayers who do not have the financial ability to hire a tax preparer. For them, the IRS…
Continue reading →The non-payment of back taxes can lead to trouble. In many cases the IRS discovers the tax debt, but by then the amount of tax debt has grown because of interest, and becomes difficult to pay in full. That is why early resolution of back taxes is beneficial.The IRS recently discovered that Don Marsh, of…
Continue reading →Tax debt is a pain, but the good news is that it can be relieved. Paying back tax debt comfortably is possible if taxpayers have the right information and the right help.Although smaller tax debt amounts can be paid in full affordably, large tax debts usually cannot, and taxpayers should look for tax debt relief,…
Continue reading →Offer in Compromise, popularly known as ‘pennies on the dollar’ tops the charts of the most abused IRS tax debt payment plans. It is the attractiveness of the plan that has made it popular among tax services and taxpayers. Anybody who has back taxes to pay would like to get their tax debt reduced, and…
Continue reading →As though it is not enough that you are carrying a tax burden, there is the additional responsibility of finding a tax help for back taxes resolution that is honest, competent and affordable. There is no dearth of tax companies or tax professionals, but you need one that has experience and expertise in resolving back…
Continue reading →There are various ways to get out of tax debt, but there is only one that is most suited to you. Best resolution of back taxes depends on a number of factors including the financial situation of the taxpayer, the amount of tax debt and the length for which it has remained unpaid. Most taxpayers…
Continue reading →Having a tax debt is a huge burden. Most taxpayers who owe back taxes to the IRS want to resolve the issue, but do not know where to turn for help. There are various tax resolution companies and tax professionals, but who can be trusted? That is the question that most taxpayers who owe money…
Continue reading →Effective tax debt relief begins with choosing the right help. Most taxpayers do not have knowledge of tax laws and prefer to use the services of tax professionals to negotiate a tax case with the IRS. Tax professionals such as tax attorneys and enrolled agents are lawyers who help taxpayers to work out an advantageous…
Continue reading →The most helpful method of choosing a tax help is to conduct research. It is important for taxpayers who are looking to hire help from tax resolution companies or tax professionals to research both online and offline.Online research may involve getting information from various sources about a tax help. To stay safe from scam tax…
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